BusinessWorld Online: Economy

Will private equity bring more prosperity and equanimity?

Economy

May 182014

THE PHILIPPINES is poised to still be among the top performing economies in Asia this year, although some analysts predict a growth rate slower than the 7.2% growth target in 2014. Yet it would seem that we are proceeding well: the stock market is slowly but steadily recovering, new initial public offerings (IPOs) are entering the market, and investor confidence remains high. It is still an auspicious time to look at the rise of private equity (PE) in the region, and how it may more deeply impact business and investment for the rest of 2014.

ADB, Japan extend $2-million technical assistance to Philippines

Economy

May 162014

The Asian Development Bank (ADB) and the Japanese government will extend $2 million in technical assistance to the Philippines to develop the country’s appraisal of public-private partnership (PPP) projects.

Employers repeat call for Labor Code update

Economy

May 162014

Employers have reiterated the need to update the country’s Labor Code with a resolution approved at the close of its annual conference on Friday.

NGCP seeks ERC approval for P2.39-billion transmission project

Economy

May 162014

The National Grid Corporation of the Philippines plans to develop a P2.39-billion transmission project to accommodate a new 600-megawatt (MW) coal-fired power plant in Davao del Sur.

Gov’t open to SMC airport plan

Economy

May 152014

SENIOR officials of the Department of Transportation and Communication (DoTC) said that the government is open to a proposed $10-billion alternative airport to service Metro Manila and that more detailed plans have to be submitted.

Demand-side bids eyed for IMEM

Economy

May 152014

THE PHILIPPINE Electricity Market Corp. (PEMC) is seeking regulatory approval to allow buyers in the Interim Mindanao Electricity Market (IMEM) increased participation in the trade of electricity.

Biggest solar plant launched in Negros Occidental

Economy

May 152014

BACOLOD CITY — President Benigno S.C. Aquino III yesterday led the inauguration of the first and largest commercial-scale solar plant in the Philippines.

Batangas port phase cleared

Economy

May 142014

THE PHILIPPINE Ports Authority (PPA) has approved implementation of the third phase of a Batangas port project and its associated land acquisition scheme.

More accountants in taxman’s sights

Economy

May 142014

ACCOUNTANTS — this time those in Taguig, Pasay, Parañaque, Las Piñas, and Muntinlupa — were again the subject of a Finance department campaign against tax evasion as it examined the compliance of practitioners based on their income tax returns.

Finding the core of an ethics program

Economy

May 142014

LAST Sunday, we celebrated Mother’s Day to honor that special person who is instrumental to our existence. Mothers have an extraordinary role to play in the scheme of creation. Not only do they serve as compasses directing our moral values, but more significantly, they are the cradle to the seed of life.

Older Entries Newer Entries